Get the latest news, exclusives, sport, celebrities, showbiz, politics, business and lifestyle from The VeryTime,Stay informed and read the latest news today from The VeryTime, the definitive source.

Protect Your Interests In A Quick House Sale

23
In a quick property sale, you have agreed to sell your house in as little as 7-14 days for cash albeit at a discounted price than its full market value to quick house sale companies. While your decision is a good one because of the benefits provided by reliable companies engaged in quick sale property in London, you are still well-advised to take the necessary measures for the protection of your best interests.

Weigh the Pros and Cons

Even when you have initially decided on a quick property sale, you should continue to weigh the pros and cons of the transaction so that the wool will not be pulled over your eyes.

The benefits of a transaction in quick sale property in London include:

€ Fast, easy and convenient selling of the property, which is useful for homeowners who want to dispose of their property despite the tight housing market today

€ Get around various issues, such as short lease or flood risk, which make it difficult to sell the property via the usual ways (e.g., real estate agent)

But there are disadvantages that make it challenging for the uninformed homeowners to protect their interests. Keep the following quick house sale advice from the experts to avoid the usual traps.

€ Do your research about the market value of your property so that you can compare it with the property valuation provided by the quick sale companies. More than a few companies give false property valuations.

€ Get the agreement in writing. Many unreliable companies will agree to purchase the property but reduce the price just before the money changes hands. This is also true for the fee structure.

Shop Around

The worst mistake you can commit in a quick property sale is to settle for the first company that offers its services. Why? Like any financial transaction, it pays to shop around for reliable quick sale companies that can offer the best possible price and fees.

When you shop around, be sure to do your research as well since you can never be too cautious about your interests. The best quick house sale advice you will hear on this matter includes:

€ Check the credentials of each company including their registration with government agencies, their permits to operate, and their membership in industry organizations. Verify their statements with the third-party agencies.

€ Compare their offers. You will obviously want the highest bidder.

Be Vigilant

In protecting your interests in a quick sale property in London:

€ Get everything in writing; no verbal assurances.
€ Avoid being rushed or pressured into making a decision.
€ Get your own third-party independent solicitor.
€ Read the contract carefully since even the fine print can have its own fine print.
€ Avoid long-term tie-ins.

Most important, always be vigilant about your rights and responsibilities as the seller. You may be in a tight bind but you should not let others take advantage of your circumstances.
Source...
Subscribe to our newsletter
Sign up here to get the latest news, updates and special offers delivered directly to your inbox.
You can unsubscribe at any time

Leave A Reply

Your email address will not be published.